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Results (10000)
Lakshay G. Initial Property checklist
2 September 2017 | 1 reply

Hello, I'm sure multiple people have already asked this question and I won't be the last one to ask this but can somebody please suggest a basic checklist to go through when visiting a property for the first time. Bec...

Bob Malecki Looking for investor friendly title/escrow co. for Elyria refi
21 May 2019 | 2 replies

We recently foreclosed on a sfr in Elyria and will be taking on some debt to get it renovated for rental. I'm seeking recommendations for an investor-friendly title company we can engage to handle a title/escrow for a...

Delia Washington Living in California wanting to buy in Toledo Ohio
31 July 2020 | 15 replies

I found a property in Toledo Ohio that we might be interested in purchasing for our first investment. There will be renovation expenses so we will need to find a good but reasonable contractor. Do we secure our financ...

Ashly B. Tax question: Owner financed payments
6 February 2022 | 5 replies

I am hoping to do my own taxes this year but got a little stuck as I was finalizing my books. I purchased a SFH in Oct. 2021 with owner financing that is still under renovation. I understand that any renovation expens...

Dave Elim Pros/cons working with agent out of state
10 July 2023 | 4 replies

Hi all, newbie here.  Looking to buy rental property in the midwest (first rental out of state).  Wondering what the pros and cons to working with the seller's agent vs a different one who is either recommended by BP ...

Emma Redfern Multi-Family rent price$$
23 January 2024 | 6 replies

Closing on a multi family unit in Aurora, INAsking price:129,000 Close:119,000Unit 1: 2 bd 2 bath. Unit 2: 1bd 1bath. Unit 3: 2 bd 2bath the 2 units currently pay $500 and the other pays $400 I plan to renovate floors...

Gerard Mangenot Tax strategy question
24 January 2018 | 4 replies

I have an single member LLC newly formed in late 2017.  I purchased a property in the LLC name to be flipped in 2017 that will sell in 2018.  I have not elected to be treated as an S Corp at this time. Nearly all ren...

John K. Major Renovations to Rental Property Depreciation vs Expense
28 April 2014 | 9 replies

So I'm looking at buying a single family house that has great numbers as a rental property. But needs carpet, paint and kitchen/bathroom remodel.

I know the Bathroom Remodel / Kitchen remodel are depreciated...

Larry K. Carrying costs as "Renovation" OR "1st Year Expenses"
29 June 2012 | 4 replies

Bought in Sept 2011 for about 130k, Rehabbed by end of Dec 2011.
Rehab costs were about 45k
Holding costs from Sept-Dec were about 7k (monthly loan payments, utilities, taxes, insurance)
182k rehabbed. The place i...

Account Closed How to manage multiple projects / renovations - org. & Bookeeping
3 March 2022 | 1 reply

Hi BiggerPockets People,I'm a real estate investor in Canada.  My business partner and I started investing (with intent) last year and since then we've done 3 flips and purchased 2 multifamily properties.  We're BRRRR...